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2 Beds
1 Bath
1,054 sqft

$224,900

1392 &1442 County Road 806, Gainesville MO, 65655

Price per sqft$213.38
Built in1950
Property size1,054 sqft
Property typeResidential
Courtesy of United Country Missouri Ozarks Realty Inc., Amanda Watkins Listing Contact:

Overview

Active

Listed Sep 10, 2026

Updated 4 weeks ago

Discover a unique investment opportunity with two homes, 16 acres, and a heated and cooled shop, all located within the Gainesville city limits in the heart of the Missouri Ozarks. Offering multiple potential income streams, room for future possibilities, and convenient access to town, this versatile property is well suited for investors, multi-generational living, or buyers looking for additional space and flexibility.The first home offers 2 bedrooms, 1 bathroom, and approximately 1,054 square feet of living space, along with a carport. Both homes are also available separately, providing additional purchasing options.The second home features 3 bedrooms, 1 bathroom, and approximately 840 square feet of living space. It could serve as an additional rental, guest home, or personal residence.Both homes are connected to city sewer. Each property also has a well; one well was previously in use, while the other home's well condition is unknown because that residence is currently connected to city water.Adding even more value is a 34' x 24' shop building that is heated and cooled, creating a comfortable and functional workspace year-round. Whether used for automotive work, equipment and tool storage, hobbies, a personal workshop, or other uses, this building adds excellent versatility to the property.With approximately 16 acres, there is plenty of room to enjoy the property as it is while also exploring potential future uses or development, subject to applicable city requirements and approvals.Whether you're searching for rental investment property, multiple residences, acreage within Gainesville city limits, or a property with a quality shop, this Ozark County offering provides a combination that can be difficult to find. Take advantage of the space, flexibility, and income-producing potential this unique property has to offer!

$1,496/mo

Est. mortgage payment based on a $224,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
60333606

Interior Features

Bedrooms
2
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
16 Acres

Other Property Details

Taxes
$301
Tax Frequency
Annually
Garage
Yes
View
Yes
Pool
Yes

Listings courtesy of MO - Southern Missouri Regional MLS (SMRMLS) as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Step Above Realty LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 1:12 AM UTC on 9/11/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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